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Lending (1495)

Forbearances Inch Above 3 Million for First Time in Weeks

Forbearances Inch Above 3 Million for First Time in Weeks

Friday, 30 October 2020
Lending
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Mortgage forbearances have been on the rise once again, according to Black Knight. Read more...
Rocket’s Lendesk Acquires Finmo Financial Technologies

Rocket’s Lendesk Acquires Finmo Financial Technologies

Friday, 30 October 2020
Lending
Written by
Rocket Companies subsidiary Lendesk Technologies has unveiled its acquisition of Finmo Financial Technologies, which offers a digital mortgage service to Canadian brokers. Read more...
Bodnar of MMG: Still About the Stimulus

Bodnar of MMG: Still About the Stimulus

Friday, 23 October 2020
Lending
Written by
Is it on or is it off? Bill Bodnar of the Mortgage Market Guide (MMG) discusses the status of the stimulus and its impact whether it comes now or after the election. Read more...
Weekly Forbearance Numbers See Modest Improvement: Black Knight

Weekly Forbearance Numbers See Modest Improvement: Black Knight

Friday, 23 October 2020
Lending
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Forbearance volumes saw a modest decline, falling by 11,000 from the week prior. Read more...
Existing Home Sales Post Biggest Jump in 14 Years

Existing Home Sales Post Biggest Jump in 14 Years

Friday, 23 October 2020
Lending
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The National Association of Realtors has announced that U.S. existing home sales climbed 9.4% in September to a seasonally adjusted annual rate of 6.54 million. So reports Business Insider. Read more...
CFPB Extends QM Patch Until Replacement Is Ready

CFPB Extends QM Patch Until Replacement Is Ready

Friday, 23 October 2020
Lending
Written by
The Consumer Financial Protection Bureau has announced a final rule that extends the “QM patch” for Fannie Mae and Freddie Mac until whenever a successor is ready. So reports the Scotsman Guide. Read more...
FHFA’s Calabria Defends Refinance Fee as Necessary

FHFA’s Calabria Defends Refinance Fee as Necessary

Friday, 23 October 2020
Lending
Written by
Federal Housing Finance Agency director Mark Calabria has detailed his defense of a new 0.5% fee on refinances, set to take effect on December 1. So reports Bankrate.com. Read more...
Mortgage Rates Slip to 11th All-Time Low of 2020

Mortgage Rates Slip to 11th All-Time Low of 2020

Friday, 23 October 2020
Lending
Written by
U.S. long-term mortgage rates keep hitting new record depths amid market strains from the COVID-19 pandemic and the presidential race. So reports MarketWatch. Read more...
Bodnar of MMG: How Will the Next Stimulus Impact the Mortgage Biz?

Bodnar of MMG: How Will the Next Stimulus Impact the Mortgage Biz?

Monday, 19 October 2020
Lending
Written by
Bill Bodnar of The Mortgage Market Guide says we will most likely get a stimulus package after the election. Read more...
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Why California May Be the Best State for Your New Lending Business

Why California May Be the Best State for Your New Lending Business

Thursday, 05 November 2020
Lending
Written by
If you’re considering starting a lending business in 2020 or 2021, you’ll need to seek out every advantage you can get. Read more...
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